CAR Group Ltd

Common Name
CAR Group
Country
Australia
Sector
Industrials
Industry
Rental & Leasing Services
Employees
17,000
Ticker
CAR
Exchange
ASX
Description
Avis Budget Group, Inc. is a leading global provider of vehicle rental and mobility solutions, primarily operating in the passenger transportation sector. The company specializes in short- and medium-...

CAR Group's GHG Emissions Data Preview

In 2024, CAR Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, CAR Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind CAR Group’s Greenhouse Gas (GHG) Emissions Data

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a. CAR Group's ESG Data Spreadsheet 2024
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Insights into CAR Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of CAR Group amounted to 5,000.1 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of CAR Group increased by 113.98%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

CAR Group's Scope 1 Emissions Over Time

20212022202320240200400600800tCO2e-4%+121%+89%
  • Total Scope 1
  • Year-over-Year Change

What are CAR Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CAR Group were 774 metric tons of CO₂ equivalent (tCO₂e). a

Has CAR Group reduced its Scope 1 emissions over time?

Since 2021, CAR Group's Scope 1 emissions have increased by 298.35%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), CAR Group's Scope 1 emissions increased by 89.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are CAR Group's Scope 2 emissions?

In 2024, CAR Group reported Scope 2 greenhouse gas (GHG) emissions of 4,226.1 tCO₂e using the market-based method. a

Has CAR Group reduced its Scope 2 emissions over time?

Since 2021, CAR Group's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 579.11%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), CAR Group's Scope 2 emissions (Market-Based) rose by 119.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does CAR Group use for Scope 2 reporting?

In 2024, CAR Group reported its Scope 2 emissions using the market-based method. a

CAR Group's Scope 2 Emissions Over Time

202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Market-Based

Insights into CAR Group's Value Chain Emissions

In 2024, CAR Group reported 15,741.5 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of CAR Group includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

CAR Group's Scope 3 Emissions Over Time

202120222023202406 k12 k18 k24 ktCO2e+111%+215%-29%
  • Total Scope 3
  • Year-over-Year Change

What are CAR Group's Scope 3 emissions?

In 2024, CAR Group reported total Scope 3 emissions of 15,741.5 metric tons of CO₂ equivalent (tCO₂e). a

Has CAR Group reduced its Scope 3 emissions over time?

Since 2021, CAR Group's Scope 3 emissions have increased by 373.49%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), CAR Group's Scope 3 emissions decreased by 28.86%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into CAR Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CAR Group reported Scope 1 greenhouse gas (GHG) emissions of 774 tCO₂e and total revenues of USD 11,622 millions. This translates into an emissions intensity of 0.07 tCO₂e per millions USD. a

CAR Group's Scope 1 Emissions Intensity Compared to Peers

520010,000500,00020,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)CReeceYear: 2024Scope 1: 39,623 tCO2eRevenue: $M 6,073Scope 1 Intensity: 6.52 tCO2e/$MMcGrath RentCorpYear: 2022Scope 1: 8,103 tCO2eRevenue: $M 636Scope 1 Intensity: 12.75 tCO2e/$MLocaliza Rent a CarYear: 2023Scope 1: 30,375 tCO2eRevenue: $M 5,959Scope 1 Intensity: 5.10 tCO2e/$MCleanaway Waste ManagementYear: 2024Scope 1: 1,070,000 tCO2eRevenue: $M 2,468Scope 1 Intensity: 433.52 tCO2e/$MALSYear: 2024Scope 1: 33,839 tCO2eRevenue: $M 1,605Scope 1 Intensity: 21.08 tCO2e/$MElement Fleet ManagementYear: 2023Scope 1: 1,333 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.69 tCO2e/$MAyvensYear: 2024Scope 1: 8,782 tCO2eRevenue: $M 26,380Scope 1 Intensity: 0.33 tCO2e/$MAvis Budget GroupYear: 2023Scope 1: 6,349,360 tCO2eRevenue: $M 12,664Scope 1 Intensity: 501.37 tCO2e/$MVentia Services GroupYear: 2023Scope 1: 41,910 tCO2eRevenue: $M 3,868Scope 1 Intensity: 10.83 tCO2e/$MAurizon HoldingsYear: 2023Scope 1: 591,216 tCO2eRevenue: $M 2,291Scope 1 Intensity: 258.05 tCO2e/$MSimparYear: 2023Scope 1: 790,098 tCO2eRevenue: $M 6,565Scope 1 Intensity: 120.34 tCO2e/$MRyder SystemYear: 2023Scope 1: 869,939 tCO2eRevenue: $M 11,979Scope 1 Intensity: 72.62 tCO2e/$MHerc HoldingsYear: 2023Scope 1: 148,668 tCO2eRevenue: $M 3,282Scope 1 Intensity: 45.30 tCO2e/$MMillsYear: 2023Scope 1: 4,065 tCO2eRevenue: $M 284Scope 1 Intensity: 14.31 tCO2e/$MAerCap HoldingsYear: 2023Scope 1: 3,951 tCO2eRevenue: $M 7,575Scope 1 Intensity: 0.52 tCO2e/$MAdi Sarana ArmadaYear: 2022Scope 1: 18,786 tCO2eRevenue: $M 376Scope 1 Intensity: 49.99 tCO2e/$MSpeedy HireYear: 2024Scope 1: 12,298 tCO2eRevenue: $M 532Scope 1 Intensity: 23.11 tCO2e/$MCCCALCYear: 2023Scope 1: 10 tCO2eRevenue: $M 552Scope 1 Intensity: 0.02 tCO2e/$MUnited RentalsYear: 2023Scope 1: 439,887 tCO2eRevenue: $M 14,332Scope 1 Intensity: 30.69 tCO2e/$MVamosYear: 2023Scope 1: 5,749 tCO2eRevenue: $M 1,255Scope 1 Intensity: 4.58 tCO2e/$MCAR GroupYear: 2024Scope 1: 774 tCO2eRevenue: $M 11,622Scope 1 Intensity: 0.07 tCO2e/$M

How does CAR Group's GHG emissions intensity compare to its peers?

In 2024, CAR Group reported a Scope 1 emissions intensity of 0.07 tCO₂e per millions USD. Compared to the peer group median of 17.69, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does CAR Group rank on GHG emissions intensity within its industry?

In 2024, CAR Group ranked 2 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places CAR Group among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into CAR Group's Total Carbon Footprint

In 2024, CAR Group reported a total carbon footprint of 20,741.6 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.22% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to CAR Group's total carbon footprint was Scope 3 emissions, accounting for 75.89% of the company's total carbon footprint, followed by Scope 2 emissions at 20.37%. a

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